Radix is a Distributed Ledger Technology (DLT) platform that functions similar to blockchain – but in a superior way. Like many DLT platforms, the goal is to replace blockchain by offering a superior alternative.

The name of the platform, by the way, comes from the math term “radix”, which refers to the number of unique digits, including zero, used to represent numbers in a positional numeral system. The radix for the decimal system, for example, is ten, because it uses 10 digits (digits 0 through 9). Radix is a synonym for “base”.

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